NZDUSD - POSSIBLE SHORT SETUP
ON THE WEEKLY CHART WE HAVE A BEARISH TREND APPLYING THIS TO THE DAILY CHART WITH OTHER CONFLUENCES (ASCENDING TRIANGLE, 50% FIB AND MONTHLY RESISTANCE) WE MAY HAVE A GOOD SHORT SETUP IF PRICE BREAKS THE COUNTER TREND LINE AND CLOSES BELOW MONTHLY SUPPORT + CLOUD SUPPORT.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.